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20 sats \ 8 replies \ @HODL OP 8 Sep 2022 \ parent \ on: SEC’s Gensler Supports Commodities Regulator Having Bitcoin Oversight bitcoin
Absolutely. It will also kill quite a number of shitcoins (securities).
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1 sat \ 7 replies \ @BlokchainB 8 Sep 2022
How so?
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0 sats \ 6 replies \ @HODL OP 10 Sep 2022
Because majority of the shitcoins are securities and will have to be registered as such or removed from the US exchanges.
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1 sat \ 5 replies \ @BlokchainB 10 Sep 2022
That just makes them regulated shitcoins doesn’t stop technology
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0 sats \ 4 replies \ @HODL OP 10 Sep 2022
The technology was never the problem. Snake oil salesmen is the problem. All are pretending to be on the same level sa Bitcoin, preying on noobs.
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20 sats \ 0 replies \ @BlokchainB 10 Sep 2022
Government or not people are always going to fall for get rich quick shit. You could argue the entire stock market which is regulated has a bunch of dog shit companies just like these shit coin casinos. Yes shitcoins are an attack on Bitcoin but the individual has to make the personal decision on what to buy quality or shit
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0 sats \ 2 replies \ @siggy47 10 Sep 2022
Agreed, but I don't want the government deciding what I can and can't invest in. Caveat emptor
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1 sat \ 0 replies \ @tomlaies 10 Sep 2022
Bitcoin is not an investment. Bitcoin is saving.
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0 sats \ 0 replies \ @HODL OP 10 Sep 2022
Betting in a shitcoin casino, not investing.
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